Stephen Innes, managing partner at SPI Asset Management, noted that the US jobs report for December holds the potential to influence market sentiment.
The report is scheduled to be released later on Friday.
A too-strong report could be a setback for stocks, aligning with expectations of rate cuts in the second half of 2024, he said. “Conversely, if the report aligns with or falls slightly short of expectations, it may reinforce beliefs in an imminent rate cut, potentially sparking a rally.”
$DBS Group Holdings(D05.SG)$ $OCBC Bank(O39.SG)$ $UOB(U11.SG)$ $FTSE Singapore Straits Time Index(.STI.SG)$ $Dow Jones Industrial Average(.DJI.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$

Hello Mooers,
The top 5 stocks with the highest short volume are listed here, with their short volume next to it.
T $AT&T(T.US)$ (14.67M)
TSLA $Tesla(TSLA.US)$ (14.51M)
ICU $SeaStar Medical(ICU.US)$ (13.77M)
OTLK $Outlook Therapeutics(OTLK.US)$ (12.80M)
NU $Nu Holdings(NU.US)$ (11.74M)
So, which of the stocks listed above will you be trading in the next 7 days?
(You may choose more than 1.)
The next 5 includes BAC $Bank of America(BAC.US)$ (11.63M),...

$Disney(DIS.US)$ $Disney(DIS.US)$
looking towards an uptrend? next week should be crucial.. thinking of grabbing some shares. still undecided..